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justincormack
29 days ago
Micron have sold RAM for the next 4 years at current prices, so there are buyers expecting this to stay the same.
1 comments
api
29 days ago
That means buyers have basically purchased options. If the price falls, they're underwater a little, but if the price spikes it protects them.
People do that all the time, and sometimes it doesn't pay off.
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People do that all the time, and sometimes it doesn't pay off.